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GBP stronger than USD: Why?

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  • #16
    Originally posted by Tattila the Hun View Post
    I'd imagine the NUSD would actually be a lot less valuable, a sudden chance like this would ruin the faith people have in currency.
    Why? There's no governmental theft/taxation by the printing press in this scenario. It's merely a relabeling of the unit of exchange.
    12-17-10 Mohamed Bouazizi NEVER FORGET
    Stadtluft Macht Frei
    Killing it is the new killing it
    Ultima Ratio Regum

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    • #17
      Originally posted by FrostyBoy View Post
      Yeah that's all, I'm just wondering why the British Pound is stronger than the US Dollar. I suck at economics.
      Because a dollar no longer equals a dollar in value anymore.
      I'm consitently stupid- Japher
      I think that opinion in the United States is decidedly different from the rest of the world because we have a free press -- by free, I mean a virgorously presented right wing point of view on the air and available to all.- Ned

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      • #18
        Originally posted by FrostyBoy View Post
        Yeah that's all, I'm just wondering why the British Pound is stronger than the US Dollar. I suck at economics.

        btw, Rufus, I stumbled upon your Rummikub room, small internet.
        It always has been, you ********!
        Try http://wordforge.net/index.php for discussion and debate.

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        • #19
          Somehow I feel that the mood here on poly has changed a bit.
          “As a lifelong member of the Columbia Business School community, I adhere to the principles of truth, integrity, and respect. I will not lie, cheat, steal, or tolerate those who do.”
          "Capitalism ho!"

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          • #20
            Some people are trying to make it CG south.
            I'm consitently stupid- Japher
            I think that opinion in the United States is decidedly different from the rest of the world because we have a free press -- by free, I mean a virgorously presented right wing point of view on the air and available to all.- Ned

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            • #21
              The free market has decided that.

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              • #22
                What a meaningless answer.
                12-17-10 Mohamed Bouazizi NEVER FORGET
                Stadtluft Macht Frei
                Killing it is the new killing it
                Ultima Ratio Regum

                Comment

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